Realkey.ai
RealKey
‪(213) 433-7766‬

26079 Elderwood, Hemet, California 92544, Hemet, 92544 - 2 bed, 1 bath

26079 Elderwood, Hemet, California 92544 home-pic-0
ACTIVE$249,000$1,332/sqft
Est. Value: $252,262
1%
FairlyEstimate
26079 Elderwood, Hemet, California 92544
2Beds
1Bath
1,332Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($252,262.19) is $3,262.19 (1%) lower than the list price ($249,000). This property may be overpriced.

Key pros and cons

Top Pros:
55+ Community & Amenities: Located in an established 55+ community offering desirable amenities such as a clubhouse, pool, and common areas, catering to a specific lifestyle.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1332, other record living area = 1019.

Compared to the nearby listings

Price:$249.0K vs avg $460.0K ($-211,000)1%
Size:1,332 sqft vs avg 1,704 sqft22%
Price/sqft:$187 vs avg $2794%

More Insights

Built in 1963 (63 years old).
Condition: Built in 1963, this property is significantly outdated and requires substantial renovation. The kitchen features vintage appliances (likely original or 50+ years old), dated wood cabinets, and worn countertops. The bathroom, while functional, has an older vanity, basic fixtures, and dated tile. Flooring consists of worn ceramic tiles and old carpets. The presence of window AC units alongside central air suggests potential issues with the main cooling system. The listing itself indicates the home is 'suitable for investors, renovators, or owner-occupants looking to customize and add value,' confirming the need for significant updates and rehabilitation.
Year Built
1963
Close
-
List price
$249K
Original List price
$265K
Price/Sqft
$187
HOA
$140
Days on market
-
Sold On
-
MLS number
HD26003842
Home ConditionPoor
Features
Patio
View-

About this home

Located at 26079 Elderwood Place, Hemet, CA, this single-story home is situated in an established residential community and offers a functional floor plan with approximately 1,332 square feet of living space, 2 bedrooms, and 1 bathroom. The layout includes a comfortable living area, interior laundry, and practical flow for everyday living. The property sits on an approximately 5,600+ sq ft lot, providing a private yard with space for outdoor use, storage, or future improvements. Additional features include central air conditioning, a driveway and garage, and a location on a quiet cul-de-sac-style street. The home is located within a 55+ community and is subject to HOA rules and regulations. Community amenities may include a clubhouse, pool, and common areas. This home may be suitable for investors, renovators, or owner-occupants looking to customize and add value. Buyers are advised to conduct their own investigations to satisfy themselves as to all aspects of the property.

C
Caleb Blasius
Listing Agent

Price History

Date
Event
Price
10/14/98
Sold
$51,000
06/21/16
Sold
$75,500
Condition Rating
Poor
Built in 1963, this property is significantly outdated and requires substantial renovation. The kitchen features vintage appliances (likely original or 50+ years old), dated wood cabinets, and worn countertops. The bathroom, while functional, has an older vanity, basic fixtures, and dated tile. Flooring consists of worn ceramic tiles and old carpets. The presence of window AC units alongside central air suggests potential issues with the main cooling system. The listing itself indicates the home is 'suitable for investors, renovators, or owner-occupants looking to customize and add value,' confirming the need for significant updates and rehabilitation.
Pros & Cons

Pros

55+ Community & Amenities: Located in an established 55+ community offering desirable amenities such as a clubhouse, pool, and common areas, catering to a specific lifestyle.
Central Air Conditioning: Equipped with central air conditioning, providing essential comfort, especially during warmer months in Hemet.
Quiet Cul-de-Sac Location: Situated on a quiet cul-de-sac-style street, offering reduced traffic, enhanced privacy, and a peaceful residential setting.
Private Yard Potential: Features a private yard on a 5,600+ sq ft lot, providing ample space for outdoor activities, storage, or future landscaping and improvement projects.
Single-Story & Functional Floor Plan: A single-story layout with a functional floor plan and interior laundry, appealing to those seeking ease of access and practical everyday living.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1332, other record living area = 1019.
Limited Bathroom Count: The property features only one bathroom, which may be a significant drawback for some buyers and could impact convenience and resale value.
Renovation/Update Potential: Built in 1963, the description suggests the home is suitable for renovators or those looking to customize, indicating potential for significant updates and investment.
Mandatory HOA Fees & Restrictions: As part of a 55+ community, the property is subject to mandatory HOA rules and a monthly fee of $140, which can be a deterrent for some buyers.
Browse Properties by State Browse housing market trends by state